Rising rates continue to taper demand in the new home market

The experts at Zonda released the New Home Pending Sales Index (PSI) for May 2022. The New Home PSI shows pending sales fell month-over-month and remained down year-over-year. The index is a leading residential real estate indicator based on the number of new home sales contracts signed across the country. The New Home PSI came in ...

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Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

New home sales decline for fourth consecutive month in May

Rising rates continue to taper demand in the new home market

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